Telangana To Launch Ease Of Doing Business 2.0

Telangana IT & Industries Minister Sridhar Babu today announced that Telangana was set to implement an Ease Of Doing Business 2.0 policy as part of its initiative to establish the State as a preferred destination for global investment.

The minister was speaking after inaugurating the Growth X 2026 conference organised by the Federation of Telangana Chambers of Commerce and Industry (FTCCI) at JRC Convention Centre, Jubilee Hills.

He said that the proposed policy would be developed through stakeholder consultations with the objective of accelerating industrial growth and strengthening investor confidence, and providing greater assurance to investors.

He also said that growth must be planned, not accidental, and that the government had thus prepared Telangana Vision 2047 to guide long-term economic expansion.

The State, currently a $200-billion economy, aimed to grow to $1 trillion by 2034 and $3 trillion by 2047, he reiterated.

"To achieve these goals and ensure balanced regional development, the government has adopted a three-pronged strategy - CURE, PURE and RARE. The government's agenda is to bring every region - from urban centres to rural areas - onto the growth path," he said.

Speaking about structural shifts in the economy, the minister said that artificial intelligence was reshaping work culture and business models, and that future competitiveness would depend on strong ecosystems rather than individual companies.

Babu said that the State was committed to building the future proactively rather than waiting for it to unfold.

He added that the State government sought to function not merely as a regulatory authority granting approvals, but as a collaborative partner working alongside industry, and invited entrepreneurs to work closely with the government.